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EU’s new competition chief signals reform of anti-trust and state aid rules

www.theguardian.com 10-12-2024 02:28 1 Minutes reading

Teresa Ribera says changes are needed to make it easier for innovative firms to merge and spur the green transition

The EU’s new competition chief has signalled a shake-up of anti-trust rules to make it easier for innovative companies to merge, as well as a relaxation of state aid policy to spur the green transition.

In her first major speech since taking office last week, Teresa Ribera said EU merger and anti-trust rules needed to “take full account of innovation and future competition”, signalling a move towards the reform agenda laid out by the former Italian prime minister Mario Draghi in a widely feted report.

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